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Laos: Govt aiming for trade surplus next year

The government has forecast that Laos will record a trade surplus of US$37 million next year due to various factors further boosting exports. Minister of Planning and Investment Dr Souphanh Keomixay told Vientiane Times on Monday that hydropower will be one of the main drivers driving exports. The prices of minerals and some agricultural products have seen […]

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Laos: Govt maintains inflation, exchange rate controls

The government will continue to control inflation and currency exchange rates under its monetary policy to ensure that economic growth remains stable throughout the coming year. The government has set an economic growth target of 7 percent for 2018, with Gross Domestic Product (GDP) to reach 149.47 trillion kip (US$17.98 billion) and GDP per capita […]

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